Apple's weak iPhone sales aren't a huge problem — people were waiting for the new models
The iPhone weakness may be partly because people were waiting for the new iPhone 12, which didn't go on sale until October.
CNBC US News
Amazon reports sales growth of 37%, topping estimates
Amazon reported earnings after the bell Thursday. Here are the results.
Amazon predicts $4 billion in Covid-related costs next quarter, with unpredictable holiday sales
Amazon said its operating profit in the fourth quarter will be in the range of $1 billion $4.5 billion, a notably wide gap.
Facebook's Mark Zuckerberg says there's a 'risk of civil unrest' around the election
Facebook CEO Mark Zuckerberg said he is worried about the increased risk of potential civil unrest associated with the Nov. 3 U.S. presidential election.
Facebook reports a decline in users in the U.S. and Canada
Facebook’s third quarter results are out — here are the numbers
Amazon cloud revenue jumps 29%, in line with expectations
The Amazon cloud division kept revenue growth consistent as the coronavirus pandemic dragged on and kept pressuring some customers and helping others.
Starbucks earnings top estimates as sales rebound quicker than expected in U.S., China
Starbucks' global same-store sales fell 9% in its fiscal fourth quarter.
Apple falls as strong iPad and Mac sales don't make up for iPhone decline
Investors and analysts didn't get a hint at how Apple is projecting the sales performance of the iPhone 12, which went on sale in October.
Twitter shares sink amid slowing user growth and ad uncertainty
Twitter's earnings report comes one day after CEO Jack Dorsey testified in front of the Senate Commerce Committee.
Mnuchin accuses Pelosi of pulling a 'political stunt' as stimulus talks stall
Nancy Pelosi and Steven Mnuchin may not reach a coronavirus stimulus deal before the 2020 election, but Pelosi is pushing to restart talks.
Netflix raises prices on standard and premium plans
Netflix on Thursday raised the prices of its standard and premium plans to $13.99 and $17.99 per month, respectively.
Budget airline shares jump on sunnier outlook for travel despite pandemic
Sales came in ahead of estimates at both Spirit and Allegiant, and both discount airlines' executives have touted an increase in demand recently.
Comcast nets record high-speed internet adds, has nearly 22 million Peacock sign-ups
Comcast's third-quarter earnings beat analyst estimates on the top and bottom lines.
Pinterest shares close up nearly 27% after the company delivered a monster quarter
Pinterest's boost from a rebound in advertising likely signals positive things for its tech peers that also have major advertising businesses.
Apollo's Leon Black says he deeply regrets past ties to sex offender Jeffrey Epstein
"With the benefit of hindsight, working with him was a horrible mistake on my part," the billionaire chief Apollo Global told investors.
Earnings for apartment owners show the pain of urban flight
Decidedly weak quarterly earnings reports from major apartment REITs this week paint a bleak picture for some of the largest urban rental markets.
U.S. GDP booms at 33.1% rate in Q3, better than expected
The growth came after a 31.4% plunge in the second quarter and was better than the 32% estimate from economists surveyed by Dow Jones
Biden maintains polling lead over Trump with five days until Election Day
Biden's lead over Trump doesn't appear to be shrinking in the final days of the 2020 election the way Hillary Clinton's did in 2016.
Gwyneth Paltrow says cannabis is the 'hero ingredient of the future' as she invests in cannabis-infused beverage maker
Paltrow calls cannabis a "hero ingredient of the future" for wellness and says she was drawn to Cann's drinks as an appealing alternative to alcohol.
Lev Parnas partner David Correia pleads guilty to lying about donation to Trump super PAC
Rudy Giuliani, the personal lawyer for President Trump, was paid $500,000 to offer business advice and consulting to the would-be company Fraud Guarantee.
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